upstream | Egypt Oil & Gas - Part 4

Kufpec, OGDC Sign Upstream Agreement

Kuwait Foreign Petroleum Exploration Company (Kufpec) and the Oil and Gas Development Company (OGDC) have signed a strategic cooperation initiative to evaluate potential international upstream exploration and prod ...

Iran, Iraq Begin Crude Oil Swap

Iraq has begun deliveries of crude oil from Kirkuk to Iran, while Tehran will export a similar amount to Iraqi ports on its southern border.

Iran to Install 6 New Rigs at South Pars Field

The Director for Project Planning and Control at Pars Oil and Gas Company (POGC) said on May 31 that sox new oil platforms will be built at Iran’s South Pars Gas Field in the Persian Gulf.

Libya’s Bahr al-Salam Gas Field Resumes Operations after Maintenance

Libya’s offshore Bahr al-Salam gas field has resumed production at 380 million cubic feet per day after completing upgrades and maintenance.

Iran Targets Joint Oil Company with Azerbaijan

Iran seeks to form a joint oil company with Azerbaijan, according to Iranian Deputy Oil Minister Amir Hossein Zamaninia.

Chariot Fails to Find Hydrocarbons in Moroccan Well

Chariot Oil & Gas failed to find hydrocarbon deposits in the offshore Moroccan Rabat Deep exploration well, for which they have a 10% interest.

Iraq Licensing Round Ends with no Majors Winning Contracts

The Iraqi government has failed to obtain investment from top international oil companies to invest during an exploration and development auction held for blocks near the borders of Iran, Kuwait and in offshore Gu ...

Total CEO: Libya Has Not Objected to Waha Takeover

Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions.

Lebanon to Continue Exploring Disputed Block 9

Lebanon has already begun exploring in the disputed Block 9 area, Lebanese Energy and Water Minister Cesar Abi Khalil stated.

Iraq Awards Two Blocks to UAE’s Crescent Petroleum

Iraq has awarded the Khashim Ahmer-Injana block and the Gilabat-Qumar block to UAE-based Crescent Petroleum.

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